India Hydrocolloids Market Size & Outlook, 2022-2030

The hydrocolloids market in India is expected to reach a projected revenue of US$ 602.1 million by 2030. A compound annual growth rate of 6.4% is expected of India hydrocolloids market from 2023 to 2030.
Revenue, 2022 (US$M)
$365.8
Forecast, 2030 (US$M)
$602.1
CAGR, 2023 - 2030
6.4%
Report Coverage
India

India hydrocolloids market highlights

  • The India hydrocolloids market generated a revenue of USD 365.8 million in 2022 and is expected to reach USD 602.1 million by 2030.
  • The India market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
  • In terms of segment, gelatin was the largest revenue generating product in 2022.
  • Gelatin is the most lucrative product segment registering the fastest growth during the forecast period.

Hydrocolloids market data book summary

Market revenue in 2022USD 365.8 million
Market revenue in 2030USD 602.1 million
Growth rate6.4% (CAGR from 2022 to 2030)
Largest segmentGelatin
Fastest growing segmentGelatin
Historical data2016 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGelatin, Xanthan Gum, Carrageenan, Alginates, Pectin, Guar gum, Gum arabic, Carboxy Methyl Cellulose, Agar, Locust Bean Gum
Key market players worldwideDuPont de Nemours Inc, Palsgaard, Ingredion Inc, Kerry Group PLC Class A, BASF, Ashland Inc, CP Kelco, Glanbia PLC, Darling Ingredients Inc, Tate & Lyle PLC, Cargill, Fuerst Day Lawson, Koninklijke DSM NV, Archer-Daniels Midland Co

Other key industry trends

  • In terms of revenue, India accounted for 3.3% of the global hydrocolloids market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hydrocolloids market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 724.8 million by 2030.

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Hydrocolloids Market Scope

Hydrocolloids market segmentation & scope
Gelatin
Xanthan Gum
Carrageenan
Alginates
Pectin
Guar gum
Gum arabic
Carboxy Methyl Cellulose
Agar
Locust Bean Gum

Hydrocolloids Market Companies

Name Profile # Employees HQ Website

India hydrocolloids market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrocolloids market will help companies and investors design strategic landscapes.


Gelatin was the largest segment with a revenue share of 26.79% in 2022. Horizon Databook has segmented the India hydrocolloids market based on gelatin, xanthan gum, carrageenan, alginates, pectin, guar gum, gum arabic, carboxy methyl cellulose, agar, locust bean gum covering the revenue growth of each sub-segment from 2016 to 2030.


  • India Hydrocolloids Product Outlook (Revenue, USD million, 2016-2030)
    • Gelatin
    • Xanthan Gum
    • Carrageenan
    • Alginates
    • Pectin
    • Guar gum
    • Gum arabic
    • Carboxy Methyl Cellulose
    • Agar
    • Locust Bean Gum

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Horizon Databook provides a detailed overview of country-level data and insights on the India hydrocolloids market , including forecasts for subscribers. This country databook contains high-level insights into India hydrocolloids market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

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India hydrocolloids market size, by product, 2016-2030 (US$M)

India Hydrocolloids Market Outlook Share, 2022 & 2030 (US$M)

India hydrocolloids market size, by product, 2016-2030 (US$M)

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